Fenbi Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

DB:U92 Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
04 Dec 25	Buy€2,734,574	Noah Holdings Limited	Company	8,000,000	€0.34
04 Nov 25	Buy€101,115	Xiaolong Zhang	Individual	300,000	€0.34
30 Oct 25	Buy€248,979	Xiaolong Zhang	Individual	800,000	€0.31
28 Oct 25	Buy€70,553	Xiaolong Zhang	Individual	230,000	€0.31
17 Oct 25	Buy€265,808	Xiaolong Zhang	Individual	810,000	€0.33
17 Oct 25	Buy€114,198	Liang Wei	Individual	350,000	€0.33
21 Aug 25	Sell€10,111,639	IDG Capital	Company	25,000,000	€0.40
25 Jul 25	Sell€26,025,331	Tencent Holdings Limited	Company	71,448,000	€0.36
24 Jul 25	Sell€3,803,802	Tencent Holdings Limited	Company	10,156,500	€0.37

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of U92?
Owner Type	Number of Shares	Ownership Percentage
Institutions	185,305,838	8.39%
Public Companies	340,336,169	15.4%
Individual Insiders	680,113,990	30.8%
General Public	1,002,729,033	45.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 55.34% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
11.8%	Yong Li	259,736,000	€11.9m	0%	no data
9.66%	Xiaolong Zhang	213,340,000	€9.8m	0%	no data
8.09%	Tencent Holdings Limited	178,736,000	€8.2m	0%	0.01%
7.32%	Noah Holdings Limited	161,600,169	€7.4m	0%	0.73%
5.04%	Xin Li	111,232,500	€5.1m	0%	no data
4.4%	IDG Capital	97,082,630	€4.5m	0%	0.19%
3.49%	Liang Wei	77,015,000	€3.5m	2.33%	no data
1.94%	Vanguard Capital Management, LLC	42,820,500	€2.0m	2.23%	no data
0.86%	Dacheng Fund Management Co., Ltd.	19,033,500	€874.7k	0%	no data
0.77%	Chi Sing Ho	17,003,990	€781.5k	0%	no data
0.58%	China Asset Management Co. Ltd.	12,706,900	€584.0k	0%	no data
0.45%	Vanguard Fiduciary Trust Company	9,882,000	€454.2k	0%	no data
0.24%	Shanghai Orient Securities Asset Management Co., Ltd.	5,402,000	€248.3k	0%	no data
0.14%	Acadian Asset Management LLC	3,106,500	€142.8k	42.8%	no data
0.09%	Harvest Fund Management Co. Ltd.	1,988,000	€91.4k	0%	no data
0.083%	Bosera Asset Management Co., Ltd.	1,838,000	€84.5k	0%	no data
0.081%	Haiyan Sheng	1,786,500	€82.1k	0%	no data
0.068%	Zhong Ou Fund Management Co., Ltd	1,491,500	€68.5k	0%	no data
0.054%	Jinxin Fund Management Co., Ltd.	1,200,000	€55.2k	0%	0.01%
0.053%	Changjiang Securities(shanghai)Asset Management Co.,Ltd.	1,170,000	€53.8k	0%	0.02%
0.05%	State Street Global Advisors, Inc.	1,093,500	€50.3k	-50.8%	no data
0.041%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	901,000	€41.4k	0%	no data
0.036%	E Fund Management Co., Ltd.	787,000	€36.2k	0%	no data
0.035%	China Fund Management Co., Ltd.	762,000	€35.0k	0%	no data
0.023%	Guolian Fund Management Company Limited	516,000	€23.7k	0%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/07/23 23:50
End of Day Share Price	2026/07/23 00:00
Earnings	2025/12/31
Annual Earnings	2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Fenbi Ltd. is covered by 5 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Lucy Yu	BofA Global Research
Liping Zhao	China International Capital Corporation Limited
Chongguang Feng	Citic Securities Co., Ltd.